UBS Group Analysts Give Innogy (ETR:IGY) a €44.00 Price Target

UBS Group set a €44.00 ($51.16) price target on Innogy (ETR:IGY) in a report issued on Thursday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Several other analysts also recently issued reports on the stock. JPMorgan Chase & Co. set a €42.00 ($48.84) price target on shares of Innogy and gave the company a neutral rating in a report on Wednesday, August 21st. Royal Bank of Canada set a €40.00 ($46.51) price target on shares of Innogy and gave the company a neutral rating in a report on Friday, August 9th. Independent Research set a €39.50 ($45.93) price target on shares of Innogy and gave the company a sell rating in a report on Friday, September 6th. Credit Suisse Group set a €42.90 ($49.88) price target on shares of Innogy and gave the company a sell rating in a report on Thursday, November 7th. Finally, Barclays set a €37.00 ($43.02) price target on shares of Innogy and gave the company a neutral rating in a report on Tuesday, August 27th. Five equities research analysts have rated the stock with a sell rating and nine have issued a hold rating to the company. The company has a consensus rating of Hold and a consensus target price of €37.69 ($43.83).

Shares of ETR IGY opened at €44.22 ($51.42) on Thursday. Innogy has a 12-month low of €39.51 ($45.94) and a 12-month high of €45.98 ($53.47). The company has a market capitalization of $24.57 billion and a PE ratio of -29.52. The company has a debt-to-equity ratio of 215.26, a current ratio of 0.89 and a quick ratio of 0.85. The firm’s 50-day moving average is €44.61 and its two-hundred day moving average is €43.25.

About Innogy

innogy SE operates as an energy company in Europe. The company operates through three divisions: Renewables, Grid & Infrastructure, and Retail. The Renewables division generates electricity through onshore and offshore wind power, as well as hydroelectric power primarily in Germany, the United Kingdom, the Netherlands, Poland, Spain, and Italy.

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Analyst Recommendations for Innogy (ETR:IGY)

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